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Originally Posted by manaboutown
Well, I have now mostly "invested" the sales proceeds I finally received in April. I took my time putting about 25% of it into blue chip stocks and ETFs. Most I kept for a while in old fashioned saving and brokerage bank accounts but since they pay so little I have been moving it into T-bills. Most are 6 month and will reward me with about 3% if I keep them until early 2023. I will definitely keep what I need for income taxes April 15, 2023 in T-bills.
My conundrum now is are we in a bear market rally?
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I believe all info is factored into current market pricing. As a result I think that the odds of a recession are in current pricing.
From my economic and grad school days always taught that 2 negative GNP quarters in a row indicate we are in a recession and believe we are in one now.
Having said this and with market increase in July thinking that I will shortly invest additional funds into the mutual funds I favor